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sarasota real estate news

Happy New Year

Looking Back at Sarasota Real Estate in 2022 What a roller coaster ride it was in Sarasota last year ! It started with incredible demand, consistent price increases, bidding wars and supply shortages. Add to the mix construction delays on new homes, and ever-increasing home mortgage rates. Wow…what a lot to absorb. But wait…the good…

What does the new FIRPTA mean to you

New FIRPTA Changes for Foreign Sellers !! Maureen and I just represented two Canadians who sold their Palmer Ranch home in Villagewalk . Although they loved their unit, and Sarasota, they basically sold to reap the huge currency exchange gains. This couple purchased in 2010 for $215,000 when the US dollar and Canadian dollar were…

TRID New Closing and Mortgage Rules in Effect!

Across the country ( not just Florida !) lenders, title companies and consumers must now adhere to new Federal Government mandated real estate closing guidelines called TRID (TILA-RESPA Integrated Disclosure). With little media exposure, and little fanfare, the following is now the new normal as at October 3/15… **Good Faith Estimates and Truth-in-Lending statements are…